International Diversification Gains and Home Bias in Banking /

This paper assembles a bank-level dataset covering the operations of 38 international banks from eight industrial countries and their subsidiaries overseas during 1995-2004, and studies the extent of diversification gains from their local operations abroad. The paper finds that international banks w...

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Bibliographic Details
Main Author: Garcia-Herrero, Alicia
Other Authors: Vazquez, Francisco
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/281
Online Access:Full text available on IMF